Employers Dump Spouses ObamaCare Coverage

Employers Dump Spouses ObamaCare CoverageRepublican lawmakers are raising new concerns about ObamaCare after several large employers announced they are dropping health coverage for some employee spouses due to rising costs under the new law.

‘Major changes’

Both the University of Virginia and UPS told their employees recently they are no longer offering spousal coverage to those able to obtain insurance elsewhere; meaning thousands of Americans will no longer be able to choose the benefits they prefer.

UVA said Wednesday this is only one of many “major changes” coming to their health plans as a result of ObamaCare. The university says the changes are necessary because the law is projected to add $7.3 million to the cost of the university’s health plan in 2014 alone. Similarly, UPS partially blamed the new health law for the change, which is estimated to affect roughly 15,000 employee spouses.


‘Stark reality’

The trend has drawn the ire of Republicans on the House Energy and Commerce Committee, who cite it as a clear example the Obama administration is not following through on its promise that, “if you like your plan, you can keep it.”

“American families who are already grappling with higher health care costs under the law are also coming face-to-face with the stark reality that they will lose the coverage they have and like,” their office said in a statement Wednesday.

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Source: Fox News

Image: Breitbart

Key ObamaCare Mandate Delayed

Key ObamaCare Mandate DelayedThe Obama administration announced Tuesday that it is delaying a major provision in the health care overhaul, putting off until 2015 a requirement that many employers offer health insurance.

‘Unworkable and unpopular’

The change in the employer mandate is arguably the most significant concession the administration has made to date.  Sen. John Barrasso, R-Wyo., a critic of the law, seized on the delay as a “clear admission” that the law is “unaffordable, unworkable and unpopular.”

The law requires companies that employ 50 or more workers to offer coverage or face fines. The Treasury Department and the White House said that, based on complaints by employers that the system for reporting the coverage was too onerous, they would simplify that system and give employers an additional year to comply. The mandate was originally set to kick in for 2014, but will now start in 2015.


‘New marketplace’

The decision effectively means that penalties that would have been assessed against non-compliant businesses will be delayed until 2015. The administration encouraged employers to provide insurance anyway.  While the employer mandate is being delayed, the so-called individual mandate — the requirement that individuals obtain health insurance — presumably remains on schedule for 2014.

The administration also still plans to open up a new marketplace for government-regulated insurance plans on Oct. 1, to take effect on Jan. 1. And a sprawling set of subsidies would also remain in place.  The delay of the employer mandate, though, raises questions about whether more elements of the law might be delayed in the coming months.

Do you think ObamaCare will be a successful overhaul of the health care plan? Feel free to share your thoughts about this issue!

Source: Fox News

Image: Huffington Post